Optilogic to help Castrol optimise supply chain
27/06/2024 by Mark
A leading innovator in supply chain optimisation software, Optilogic, has announced that it will be partnering with Castrol.
Hess shareholders to approve Chevron acquisition
06/06/2024 by Richard
The shareholders of oil company Hess Corporation have given their approval to the all-stock acquisition by Chevron, which is said to be worth $53 billion.
TotalEnergies and Petronas announce FID for Angola project
28/05/2024 by Richard
Oil companies Petronas and TotalEnergies have announced that they have made their final investment decision (FID) for the Kaminho project offshore of Angola.
ExxonMobil completes Pioneer purchase
13/05/2024 by Mark
US-based oil major ExxonMobil has completed its purchase of Pioneer Natural Resources, more than doubling its acreage in the Permian Basin as a result.
Chevron enters new phase at Kazakhstan project
06/05/2024 by Mark
Tengizchevroil (TCO) has reached a new milestone, with the start of operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz Field.
Fuchs acquires German company and expands its market
02/05/2024 by Richard
Global lubricant maker Fuchs has announced that it has agree to purchase LUBCON Group, a family-run firm based in Maintal in Hessen, Germany.
BP begins production at major offshore Azerbaijan platform
23/04/2024 by Mark
UK-based energy company BP has announced that it has started crude oil production at its new Azeri Central East (ACE) platform.
Hess board unanimously backs Chevron merger
09/04/2024 by Mark
Chevron’s acquisition of Hess Corp moved a step closer to realisation when Hess board members voted in their entirety to recommend the deal.
TotalEnergies and ExxonMobil in talks with Suriname over gas project
29/03/2024 by OilStoreAdministrator
Staatsolie, which is Suriname’s state-owned oil company, has begun talks with ExxonMobil and TotalEnergies about combining gas fields around
TotalEnergies joins natural gas coalition
25/03/2024 by Mark
Together with seven large companies, TotalEnergies is setting up a coalition to support the consumption and production of e-natural gas (e-NG).
Cummins celebrates 30 years of partnership with Valvoline
29/02/2024 by Richard
Leading engine maker Cummins has celebrated the 30th anniversary of its partnership with Valvoline Global, a world-leading
BP expands Middle East presence with UAE deal
22/02/2024 by OilStoreAdministrator
Energy giant BP has made an arrangement with Abu Dhabi National Oil Company (Adnoc), the state-owned oil company of the UAE, to create a joint venture for the development of large gas fields in Egypt.